Valuation report is needed by buyer if want to apply Bank loan or HDB loan or use CPF to pay.

If the buyer can pay everything in CASH without using single cent from CPF. Then the buyer can no need to pay.

Or else..
normally situation, buyer paid

So means if pay by cpf and cash without loans, normally buyer will pay? What i understand is that if buyer needs loan then buyer will pay, din know that if pay partial using cpf also buyer borne the valuation fees costs.

So means if pay by cpf and cash without loans, normally buyer will pay? What i understand is that if buyer needs loan then buyer will pay, din know that if pay partial using cpf also buyer borne the valuation fees costs.

Yes.
Want to use CPF,
CPF will ask.. for what
buyer .. buy house ..
CPF .. can.. where is the valuation report.

CPF only can use to pay till valuation reported price.
COV is only can paid by CASH.

I am a first time buyer in the open market for resale flats, as I am not eligible to buy from HDB at this point of time. Quite a few agents have shown us around the units in a particular locality, as per our preference. However, one thing I am miffed about is that, whenever I ask the seller's agent about the COV, the agents representing us are quick to intervene and want to discuss the COV privately only after we have left the unit.

It gives us the impression that the agent is trying to jack up the COV which can probably be "negotiated" to the amount that the seller was asking in the first instance.

Is this a normal practice in the industry? I personally found it a bit unethical, your thoughts? I would like to add that we have no qualms in paying the agent commission as long as he displays enough transparency in handling our case.

My mum have recently bought a hdb resale flat without any grants and my sis is listed as an occupier. Sis is not paying through loan or CPF though. Already signed OTP but have not gone for HDB 1st appt.

Will my sis still be able to buy a private property immediately without going through 5 years MOP?

Mom (Divorcee cum 2nd time buyer) + Son (1st time buyer) bought BTO 4-room flat.
Took up a subsidy ( but I duno wat subsidy)
Never use CPF to pay.
Been paying bank loan in cash. Maybe now left like $30K.

Now Son wana remove his name. Let his mum (Divorcee) solely own the BTO 4-room.
Bcos he wans to get a BTO/Resale with gf.

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